Search Results for: ipo

Temasek Holdings’ Pre-IPO investment in HRnetGroup

On 16 June 2017, HRnetGroup’s IPO on the SGX Mainboard created much hype among retail investors and local finance bloggers. Many investors had wanted a slice of the IPO because of the excellent financial performance indicated in the prospectus. But many investors may not be aware of Temasek Holding’s Pre-IPO investment in HRnetGroup. What is pre-IPO and does it matter to you from the perspective of a stock investor? Read on to find out how the big boys make money in this game. Fundamentally, how big boys like Temasek Holdings make money is very different from retail investors in...

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HRnetGroup Limited – IPO Balloting Results

HRnetGroup Limited balloting results is out. Placement of 85,682,000 shares is approximately 13.17 times subscribed due to strong demand from international and local institutional investors. Public offer of 3,359,200 shares is approximately 68.34 times subscribed by retail investors. Chances are actually pretty evenly big if you are one of them who apply to the shares. 9:50 means for every 100, 18 will get it. So the probability is quite high at 18%. Most of the tranches applied between 100,000 to 199,000 with 30.2%. I did apply 51,000 shares and still can’t break my bad luck streak of not getting...

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Why The 2 Upcoming IPOs (World Class Global and HRnetGroup) Do Not Strike A Chord With Me?

If you have not already know, this week alone, there are 2 new IPOs coming on board. They are: World Class Global Limited – Offer at 26 cents per share and will close tomorrow (13/06/2017), 12 PM ; HRnetGroup – Offer at 90 cents per share and will close on Wednesay (14/06/2017), 12 PM After my little lucky break with Sanli’s IPO (click here to see more) which I managed to release my 3,000 share on the first day of IPO at 37 cents subsequently, it might seems naturally for me to whack any new IPOs coming on board....

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IPO Analysis : World Class Global & HRnetGroup

Is the stock market picking up? In just two weeks, we’ve seen 3 IPOs on SGX – usually a sign of a bullish market sentiment. And while I prefer to sell during such times, I don’t usually rule out spending on IPOs especially if their valuations are cheap or decent enough for me. Unfortunately I wasn’t allocated any shares of Sanli Group last week when the results were announced (sorry for not blogging about them – I literally finished my analysis 12 hours before the IPO application deadline and didn’t have enough time to churn out a blog post!)....

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HRnetGroup Limited IPO – Is This A Good Buy?

HRnetGroup Limited is going public by offering 89.4m shares which made up of 85.6m shares under placement and 3.8m shares under the public offer. The IPO will close on the 14th Jun at 12pm with a market cap of approximately $900m, which makes it one of the top IPO for this year in the SGX market. The issue price is at $0.90 per share. About The Company HRnetGroup Limited is the largest Asia based recruitment agency in Asia Pacific with a dominance presence in Singapore. It currently operates in a few key growth markets such as Tokyo, Hongkong and...

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Sanli Environmental Limited – The Hot IPO is 12.8 Times Subscribed

The latest IPO counter, Sanli Environmental Limited, received strong investors interest with 12.8 times subscription (for the 52 millions shares @ $0.225 each). As per my earlier post, I’ve tried my luck too and applied for some minion lots. This time round, I have a lucky break, managed to get 3,000 shares.. :-) If I remember correctly, this is the most IPO shares that I’ve gotten so far. Sanli Environmental Limited will start trading from tomorrow (08/06/2017), 9 AM. I guess the next question is: what would be the opening day’s price? Let’s do a poll, do you think it’s opening...

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WORLD CLASS GLOBAL IPO

WORLD CLASS GLOBAL IPO is the latest IPO for retail investors here . WORLD CLASS GLOBAL is the property arm of Aspial Corp, a listed entity on SGX and it is involved in property development in Australia and Malaysia. Details of World Class Global IPO are below, for readers’ information please. Number of shares: 136 million shares- 132 million placement and 4 million offer shares IPO price per share: $0.26 Timeline: Subscription for public: 7 Jun 2017 0900 hrs to 13 Jun 1200 hrs Date of trading: 15 Jun 2017, 0900hrs on a “ready” basis Market capitalization after IPO:...

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IPO – Sanli Environment Limited

The latest IPO, Sanli Environment Limited, which is going to be listed in Catalist, will be ending its offer tomorrow (6th June 2017, 12 PM) and start trading on 8th June 2017 (Thu). As Mr IPO has came up with a very good summary of the pros and cons of this upcoming IPO, for those who are interested to know more details about this upcoming IPO, can check out his post here. Oh! By the way, this IPO @ $0.225 obtained the hottest IPO rating (i.e. 3 Chillis) from Mr IPO :-) I’ve just applied some minion lots today to...

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SingTel’s NetLink Trust IPO application approved

On 2 June 2017, SingTel received SGX’s approval to list NetLink Trust on the Mainboard, paving the way for the mega IPO of the year. This will be a short post to provide an update on the NetLink Trust IPO. Since 9 February 2017, SingTel had announced that it had hired three banks to manage the initial public offering for its broadband subsidiary NetLink Trust. This is pursuant to Singtel’s undertaking to the Info-communications Media Development Authority (IMDA) to divest its stake in NetLink Trust, a 100%-owned associate of Singtel, to less than 25% ownership by 22 April 2018. NetLink...

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Sanli Environmental IPO polls

I have previously used Survey Monkey to poll for Sanli. Even though more than 450 readers responded, they will only allow me to view the first 100 respondents. I have decided to try a new “free” poll below. Please “vote” again so that i know if it is effective. ^_^ Are you applying for Sanli Environmental IPO? Yes! It’s a 3 chilli for me! Depends, I am not really environmental friendly No! Sanli sounds too close to “ass” chip View results Create a poll like this Yes! It’s a 3 chilli for me!0% Depends, I am not really environmental...

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SANLI IPO STOCK: SUBSCRIBED

In an earlier post, I blogged about the current IPO stock SANLI (you can read the post here: ). Though I know from previous experience that successfully getting an IPO stock from subscription is not easy, today, after much analysis into this IPO stock, I decided to subscribe for it. I know that I will forfeit $2 if my subscription is not successful; but I just want to have a try at it. The reason of my subscription is simple. Water is a basic necessity and SANLI has a number of projects with PUB, out National Water Agency; even...

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HRnetGROUP IPO

HRnetGroup, Singapore’s largest recruitment firm, is the latest IPO for retail investors here. Each share would be priced between eighty and ninety cents per share with 6 million shares available for retail investors and 84 million shares for placement shares. With this ratio, I believe it might be too competitive for retail investors here to get a share if they ballot. HRnetGroup’s IPO has something that I like and yes, the presence of a Temasek-linked unit, Heliconia Capital Management as a shareholder since last October. I am not sure whether HRnetGroup stock will perform well like Osim stock which...

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SANLI IPO: WILL YOU APPLY?

SANLI Environment has launched an IPO here in Singapore, seeking to raise $9.7 mullion in net proceeds. SANLI has applied for the listing on the Catalist board of SGX. 52 million new SANLI shares will be offered at $0.225 per share, this consist of 49.5 million placement shares and a public tranche of 2.5 million shares. Business-wise, Sanli Environmental is an engineering firm in the water and waste management sector and derives 99% of its revenue from PUB, Singapore’s national water agency. Considering the importance of water and waste management here in Singapore and how these are basic utilities,...

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AOXIN Q&M DENTAL IPO

AOXIN Q&M DENTAL GROUP IPO is the latest IPO for investors here as it was announced that the group would be launching an IPO yesterday. AOXIN Q&M is a dental business in China and evident from its name, it is a business which was spun off from listed entity Q&M. AOXIN Q&M Dental is offering 57 million placement shares at $0.20 per share and I understand that these are available for application to both retail and institutional investors who apply through their brokers or financial institutions. AOXIN Q&M is seeking a listing here on Singapore Catalist and about $6.4...

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SingTel shares to rocket on NetLink Trust IPO?

When Kimly Group, a local coffee shop chain, was listed in Catalist a couple of months ago, it generated much interests among investors and local finance bloggers. With a market capitalization of only $288 million, Kimly Group does not fall in the league of the big boy category nor the blockbuster type of listing that SGX mainboard should be gunning. In this regard, all eyes must be on the mouth-watering NetLink Trust IPO. To put things into perspective, if SGX’s strategy was to sell itself as “Asian Gateway”, then it must seriously start to attract billion dollar listings. Aircraft...

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